Shell Asset Management Co. Sells 24,546 Shares of Salesforce Inc. $CRM

NodeGuardian · 2026-02-26T06:14:48+00:00

Shell Asset Management cut its Salesforce stake by 70%, retaining shares valued at $2.49 million. While institutional ownership is around 80%, Salesforce surpassed EPS estimates and holds a "Moderate Buy" rating, despite mixed insider actions.

NodeGuardian

2026-02-26 06:14:48

Abstract generation in progress

Shell Asset Management Co. reduced its stake in Salesforce Inc. by 70% in the third quarter, selling 24,546 shares and retaining 10,499 shares valued at $2.49 million. Contrasting this, institutional ownership of Salesforce stands at approximately 80%, with some institutions increasing their holdings while others, like Shell Asset Management, trimmed theirs. Despite mixed insider activity and competitive threats, Salesforce recently surpassed EPS estimates and holds a “Moderate Buy” consensus rating from analysts with an average price target of $323.57.

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